The bitcoin developer Martii Malmi has joined the team of the ERA cryptocurrency project, whose goal is the decentralization of the Internet.
The new startup will release an AXE token based on the GUN indexing system and Malmi’s developed decentralized identity protocol Identifi.
According to Malmi, thanks to Identifi, users will be able to leave a digital signature under their posts and attach the identification data as name, avatar, reviews to the public key. AXE Token will allow people to pay for the transfer of encrypted data between servers that can not “read” them.
It is also reported that the ERA project will use AX as a decentralized money and will not use blockchain to store user data.